Saxo Bank Review, Rating and Comparison

Overview

Saxo Bank Trading Accounts

Rank
7.65/10
Based on 57 Reviews
Position in Rating
1
Since 06 August, 2015
Vote
Company Reviews
«I Trust» 0% (0) Standart 100% (57) «Scam Alert» 0% (0)
Official Name
Saxo Bank
Headquarters
Saxo Bank A/S (Headquarters) Philip Heymans Allé 15 2900 Hellerup Denmark
Offices in
Cyprus, Greece, United States of America, Spain, France, Switzerland, United Arab Emirates, Italy, Netherlands, Portugal
Year founded
1992
Official Website
Official e-mail
Phone numbers
+4539774000
+30211181218
+3317894564

Saxo Bank provides Forex Broker's services since 1992. In 2001, after receiving the European license, company changed its name from Midas to Saxo Bank. This broker specialized in large investments on the international financial markets, and provides clients to trade with currencies, shares, CFDs, futures, options, metals and other. The main difference of Saxo Bank from other companies is that the company offers to traders the maximum confidentiality and reliability in the safety of funds, as well as high-speed order execution and control of online trading system.

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Rating chart

Detailed Information

Min. Position Size, lot:
0.05
Min. Account Size, $:
10000
Max. Leverage
1:200
Spread:
2.0
Payment Options:
Bank Wire Transfer, Visa \ MasterCard
Regulation:
ASIC, Banque de France, FCA, FSA
US Traders:
Demo Platforms:
Own platform
Account Currency:

USD, EUR

Website Languages:
English, Spanish, Russian, German, Portuguese, French, Japanese, Chinese, Korean, Dutch
Support Languages:
English, Spanish, Russian, German, Portuguese, French, Arabic, Japanese, Chinese, Korean
Support Methods:
Callback, Phone, Email
Trading Server Timezone:
GMT
VPS for Traders:
15 euro a month
Classic
Premium
Platinum​
Min. Position Size, lot:
0.01
Min. Account Size, $:
10000
Maximum leverage, 1:
200
Spread Type:
Fixed
Typical spread on EUR/USD, pips:
2.0
Min. spread on EUR/USD, pips:
2.0
Trading Instruments:
Forex — 1:100
Gold & silver — 1:200
CFD — 1:20
Trading Platforms:
MetaTrader 4, WebPlatform, Own platform
Digits after the decimal point in quotes:
4
Margin Call Level, %:
50
Stop-out Level, %:
50
Additional Features:
  • Telephone dealing
  • Scalping
  • Expert advisors
Min. Position Size, lot:
0.01
Min. Account Size, $:
100000
Maximum leverage, 1:
200
Spread Type:
Fixed
Typical spread on EUR/USD, pips:
2.0
Min. spread on EUR/USD, pips:
2.0
Trading Instruments:
Forex — 1:100
Gold & silver — 1:200
CFD — 1:20
Trading Platforms:
MetaTrader 4, WebPlatform, Own platform
Digits after the decimal point in quotes:
4
Margin Call Level, %:
50
Stop-out Level, %:
50
Additional Features:
  • Telephone dealing
  • Scalping
  • Expert advisors
Min. Position Size, lot:
0.01
Min. Account Size, $:
500000
Maximum leverage, 1:
200
Spread Type:
Fixed
Typical spread on EUR/USD, pips:
2.0
Min. spread on EUR/USD, pips:
2.0
Trading Instruments:
Forex — 1:100
Gold & silver — 1:200
CFD — 1:20
Trading Platforms:
MetaTrader 4, WebPlatform, Own platform
Digits after the decimal point in quotes:
4
Margin Call Level, %:
50
Stop-out Level, %:
50
Additional Features:
  • VIP
  • Telephone dealing
  • Scalping
  • Expert advisors

Saxo Bank Reviews

avatar
28 December, 2018

Nickky from Greece

10

You will get different kind of bonus offer from brokers. I am doing Forex trading business for long time. I select SAXO bank as my broker. This broker is very reliable and clear in all its activities. There are many advantage in forex trading. First of all this business is very flexible. You can earn money with Hugh profits. Most important thing is you can work anytime from anywhere and you do not need any certificate to do this business.

avatar
10 December, 2018

Willlie from Norway

9

On Forex trading broker is the medium and if you can trade with a reliable and regulated broker you can ensure almost 80% success of your business. Among thousands of Forex brokers I am working with the reliable and regulated trading broker named Saxo Bank. They are really good and much supportive broker that I seen in my life. To trade in Forex from them I have the best facilities like- high leverage 1:1000, narrow and tight spread from 0 pips, instant market execution etc.

avatar
03 December, 2018

Steve Choi from Korea, Democratic People's Republic Of

9

I traded with SAXO for a 1 year and had perfect trading experience with this broker. Recently I started using social trading service for investors and this service is great as well. Different professional traders provide copy their trading experience. It helps me to increase my profit and I can copy trade without any other actions for trading from my side.

avatar
27 November, 2018

Dinero Wilson from Brazil

9

Forex is an OTC investment market. It has high risk. So trader should invest carefully. Forex is not a money making machine. It doesn’t produce money automatically. Trader should have knowledge and acquired trading skill to make money from Forex market. Now I am trading SAXO BANK. it is a regulated and licensed broker in Vanuatu. It provides me all the necessary knowledge about Forex so that I can understand what I will do in Forex.

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09 November, 2018

Dinara Nukhatova from Uzbekistan

9

There has good small traders like me can use with little deposits and that is encouraging point by them. I hope they will continue to do so in future.

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09 November, 2018

Sivan Dark from Romania

8

Im overall as a happy clients , so far, they are doing a great job and i hope they can maintain and stick with their quality in future...

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04 November, 2018

Sato Iwari from Japan

10

Forex is an online investment market. But there are lots of investment markets in the world. I prefer forex other than any kind of stock. Traders can start trading in forex with capital. Now I am trading with SAXO. it is regulated and licensed broker. It is provide me best facilities for scalping like low tight spreads starting from 1pips, fast and smooth execution system and many more.

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30 October, 2018

Devian from United Kingdom

9

Good work! Keep it up! More I will recommend my viet friends to use it for their super service!

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30 October, 2018

Winston from San Marino

10

this is good broker,very stable, executionn also fast! I chose this forex broker because that thing. My account now has 100% profit form the deposit! :)

avatar
30 October, 2018

Wilton from Norway

9

i highly recommend especially for beginners, they has excellent service. i feel comfortable with them.

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